Bayerische Motoren Werke AG German for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I inside 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced along with the car which launched BMW with respect to automobile production was your Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company throughout Birmingham, England.
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BMW's first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the greater developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a appropriate power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring big losses and BMW thought i would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.
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Fundamental designer Chris Bangle declared his departure from BMW within February 2009, after serving on the look team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed since the #1 most reputable company on the planet by Forbes.com. Rankings are based upon aspects such as "people's willingness to buy, recommend, work for, and invest in a company is driven 60% by their perceptions of the company and only 40% by their perceptions of their products.".
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